Indianapolis Times, Indianapolis, Marion County, 1 July 1940 — Page 2
Stimson and Knox Hearings ‘Will Open Tomorrow ol
Congress" as Adjournment Becomes Issue; ‘Army Expansion Plan Awaited. WASHINGTON, July 1 (U. P.).—Congress reconvened today after a week recess to plunge again into multi-billion-
dollar defense legislation and to begin what may become an historic debate of the Administration’s foreign policy.
Major event of this week"
will ‘be hearings by Senate . committees on the nominations of Henry L. Stimson and ~ Frank Knox to be Secretaries of War and Navy, respectiveIvy :
_ Although the nominations are
‘to be confirmed, opponents air the nominees’ views on for- ; eign policy and seek to make them an issue for full-dress debate on President Roosevelt's policy of “short of war” aid to the Allies. + Mr. Roosevelt's surprise Republican nominees will appear before Senate committees tomorrow —Stimson before the Senate Military Affairs Committee and Knox before the Naval Affairs Committee.
‘Wheeler Denounces Both Senator Burton XK. Wheeler (D.
~ Mont.) opened the campaign against
Knox: and Stimson last night in Chicago. In a radio address at a
mass meeting there he denounced
both nominees as “war mongers” ~ and said that if there must be a coalition cabinet, “let it be a coali-
~. ‘tion of peace makere—not war
makers.” ; “The important thing to remember is that both these gentlemen are publicly-avowed proponents of American intervention,” said Wheeler, who has threatened to bolt his party if it becomes a “war . party.” : Major legislation confronting Congress is a bill authorizing 70 per cent expansion of the Navy at an estimated cost of .$4,000,000,000. Approved by the House, it is expected to be taken up. by the Senate after action on a bill to revise the financial structure of . Boulder Dam.
Army Expansion Program Due
Later this week, President Roosevelt is expected to submit to Congress a program for the Army to match the Navy bill. It will authorize gg long-range plan for - meéchanizing the Army. Preliminary unofficial imates place its cost at $5,000,000,000 or more. As Congress reconvened there was a revival of talk about-adjourn-‘ntent by Aug. 1. Such a plan will be opposed by a bi-partisan group that believes Congress should remain on the job throughout the ‘international emergency. ‘No agreement on adjournment has -been reached—a recess will be taken during the Democratic Convention beginning July 15—but party leaders believe that all pending legislation, including the Naval expansion and projected - Army mechanization bills, the LoganWalter bill and final action in the House: on the ; Hatch--“clean state politics” bill, can -be- accomplished by Aug. 1.
U. S. Corporations to Buy Rubber and Tin Reserves
WASHINGTON, July 1. (U.P) — Federal\ Loan Administrator Jesse ‘H. Jones ay announced creation|’ of two new corporations, financed in part by the Government, to purchasse reserve supplies of rubber, tin and magnesium for the national defense. The corporations are the Rubber Reserve Co. and the Metals Reserve Co.; each with a capitalization of $5,000,000—half of which is owned by the RFC and the other half by - principal manufacturers in the rub‘ber and metals fields.
"STATE TO TAKE BIDS ON ROADS JULY 16
Bids will be received July 18 by the State Highway Department for
the paving of 20 miles of state high-
ways in seven counties at an estimated cost of $670,000. The projects include a dual lane pavement on Road 2 in La Porte and St. Joseph Counties; improvement of Roads 23 and 123 southwest of South Bend, and the paving of three- sections of Road 31 in’ Scott and Jackson Counties. Other proj- ~ ects will be in Fulton, Clinton and ~~ Wabash Counties.
© PAUL D. CRAVATH DIES . LOCUST V , N.Y, July 1 _(U. P.).—Paul Drennan Cravath; 79, prominent corporation attorney and once president of the Metropolitan ~ Opera Company, died at his summer home here today. He was a Etive of Berlin Help 0.
Flanner & Buchanan MORTUARY .
p 5 W. FALL PHONE ~ CREEK BLYD, TA-3377
ELEVENTH YEAR IN RED’ BEGINS
1940 Is $3,695,000,000° Behind; U. S. Revenue for Year. $5,874,000,000.
WASHINGTON, July 1 (U. P)— The American public digs in today to help pay for a record. peace-time armangent bill’ as the Government enters its 11th consecutive fiscal year “in the red.” Few citizens will escape contributing their large or small—to building up the nation’s defenses, The rich will pay
largely through increased income the poor through heavier |3
levies; taxes on cigarets, gasoline, amusement admissions and other socalled luxuries, effective today. , The new levies were imposed by the emergency tax bill which President Roosevelt signed Tuesday. The higher income tax schedules, including a 10 per cent supertax, apply to this year’s income for
which returns will be filed next 3
March. The exemption for single
persons is lowered from $1000 to 3 $800 and for married persons from }}
$2500 to $2000. Gasoline Levy Jumps
share — whether |
Excise tax increases range from | E The tax on 3
10 to 50 per cent.
MONDAY, JULY 1, 1949
Enjoy a Glorious “Fourth” in These
} 3Plece Play Salis
cigarets is increased by 2 cent a|3 pack; the gasoline levy jumps 2 cent a gallon, and amusement taxes £ will be imposed on all admission $
tickets costing more than 20 cents
at a rate of 1 cent for each 10 =
cents instead of the flat 10 per cent
rate on admissions of 40 cents or : : ; E 0000000000000 000
Dress up your Car for the 4th
AUTO SEAT COVERS
more. Preliminary Treasury figures showed that the Government ended the 1940 fiscal year last night with
a ‘deficit of approximately $3,695- E
000,000, the 10th consecutive year ending “in the red.”
~ Speed with which Congress passed : the new tax bill and appropriated vast funds for defense has made it |E
impossible to estimate the 1941
fiscal year’s deficit, but it is ex- EZ
pected to reach sizeable proportions. Income Above Expectations
Despite the unfavorable outlook, Government fiscal experts said that
expectations. Revenue had been estimated at $5,704,000,000 but actually reached $5,874,000,000, according to preliminary figures.
The national debt was estimated ; It would have E
at $42,900,000,000.
reached that statutory $45,000,000,- | £ 5
‘but the defense tax bill also author- | =
jzed raising the limitation to $49,- :
000,000,000. In this connection, the Brookings Institute recommended last night
| =
that a joint Congressional commit- | E tee on appropriations be established | E as a means of promoting “judicious =
determination of financial policy.” Perhaps the most noticeable fea-
ture of the 1940 fiscal year was the :
tremendous influx of gold from the
war-jittery and belligerent Euro- | = Government hold- |
pean nations. ings have increased to almost $20,000,000,000, a gain of 25 per cent.
WORKER CHALLENGES §
LAW TO PURGE WPA
DETROIT, July 1 (U. P) —Harold G. Hartley, Detroit WPA work-
er and former business manager of :
a Communist newspaper, today lost
his job because he challenged = |S Federal statute and refused to state E under oath whether he is a member =
of the Communist Party.
In announcing Hartley’s dismissal, 3 from an historical research project & State WPA . Administrator Abner & E. Larned appesled to the public E to aid officials in purging the WPA E rolls of Communists and Nazi Bund 2
members.
Hartley wrote on his affidavit “IE
reserve the right to belong to any
legal political party such as Re- | E publican, Corfmunist, or Democrat.” &
HOOSIER HITCHHIKER HURT ST. JOSEPH, Mo, July 1 (U, P.).
—John Floyd, 21, Salem, Ind, was|§ ¥ [injured seriously today when he at- |= 5|tempted to “thumb” a ride near £ » here. Arthur Cummings, whose car |§ % |hit Floyd, said the youth was try-|& ing to flag down another car and |g
stepped into the path of his car.
-
MEMBER FEDERAL DEPOSIT
MODERNIZE
'@ FHA loans to modernize and repair your city or farm property—up to 36 months to pay.
THE INDIANA TRUST
COMPANY
OTTO N. FRENZEL, President
INSURANCE CORPORATION
| | Allied with THE MERCHANTS NATIONAL BANK
“Air-Float”
Lounge CHAIR
12
Springy, flexible “Air-Float” seat and back—well ventilated—conforms to the body—it’s like floating on air. Unusually strong yet so light a child can move it. “Eye appeal,” comfort and economy— -you can’t beat this sompinstion, Finished in colorful baked enamel.
—Downstairs yes.
z
CAMP BLANKETS
$1 50
Slight irregulars of full 70x80-inch heavy grey 3-1b. cotton blankets. They're the kind that last so long and come in so handy on picnics, putings and trips, You'll want one for your car and sev‘eral for your home. Turned back edges, solid grey color,
Other Sheet Blankefs... $1.19 to $1.50 Ea. All-Wool Camp Blankets A fine quality all-wool blanket in Navy color. $ 53 98 |
Sturdy and heavy to take a lot of hard wear. 4 Pound weight. 70x80 inch size. Get yours before your holiday trip. —Downitairs at Apres:
hin
Motoring will be much more comfortable when the seats of your car are covered with these cool sanitary seat covers. Made of washable, reversible Osanburg crash. Elastic tapes hold covers tightly in place. They are made to fit affy car.
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income during the past year has!|E ‘exceeded
E00
For Your Picnic or Outing You Need
$ a
A play charmer in tiny dots to do things for your playtime. Bra top with elastic in back of waist. Panties with elastic in waist covered with full sweeping skirt with shirred effect at hips. * “Dots come in Navy, Red or Black pn white field. Sizes 12 to 18.
Denim Slack Suits. ..
Durable denim slack suits come in ‘colors of light blue and soft rose. Nicely tailored slacks with in or outer shirt. , Breast pockets, short Cotton Slacks . . . . Smartly styled slacks with button front and high waist. Self belt, am-
sleeves. Sizes 12 to 20. ple cuffs. Colors in Blue, Green,
Cotton and lastex swimming suits, Small sizes only. 11
Wine and Brown. Sizes 12 to 20. ’ Swimming Suits . . styled smartly with worlds of freedom and charm. Fitted brassiere - top, shoulder straps that tie in back, 1%pe. style with reinfofted crotch. Other Swim. Suits. .. Lastex ' swim suits . in numerous $2 and styles including puckerettes, onepiece and princess styles. Plain colblack, red, coral and royal in the $ group. Sizes 34 to 40. ; —Downstairs at Ayres.
ors and prints. Colors include white,
for
59. =
»—Downstairs at Ayres.
They'll Be Happy Children in These
PLAY SANDALS:
79¢ Wo $72.00
The patter of their little feet will make and unending scurry from early morning until they fall exhausted at night. Those same tiny feet need the freedom and correct shape offered by these fine children’s play sandals. They come in white or brown Elk, lined or unlined rubber heels. Sizes 82 to 3. ™ —Downstairs at Ayres.
a —— A Boys’ Anaiccr Yo a Cool Summer
‘Cranbrook Jr.’ SPORT SHIRTS
59.
Fast color shirtings, Herringbones, twills, nub patterns and flecked weave ° fabrics. Short sleeves and snappy saddle stitched collars. In-an-out model. White, tan, blues, greens, oyster, eggshell and medium helio. Sizes 6 to 18.
BOYS WASH SHORTS
Boys’ sturdy wash ‘shorts in cool summer weaves 0 = c
that makes for comfort. Nicely cut and correct fitbsg. : Sue pokes Many colors to choose from. Sizes —Downstairs at Ayes
2 [ l
HH AA
Light i in Weight, for you
SPORT HATS
You've been demanding light weight hats, and now
we give them to you. Styled attractively in two ounce Coco straw or in knotted sisol, you can hardly tell you have them on your héad. Assorted color bands to match any dress, s#fleadsizes 211% to 23. : : ; —Downstairs at Ayres.
fm
Take Several Pairs on Your Trip
Lady ysabel Pure-Silk
STOCKINGS
39:
Play safe and take several pairs of these first quality®Lady Isdkel ' Pure Silk Stockings on your holiday trip. You may not be able to get them where your going and sudden hosiery accidents can be ° very embarrassing. They come in service. and chiffon weight, reinforced at toe and heel with tradle foot, seamed back and fashion marks. Service weight has lisle hem, Sizes 82 to 10% in Summer shades. ie de .
FIRST QUALITY
—Downstairs at Ayres. 2 OO :
«Up-to-the-Minute” Styling in
Wedgie Play Shaes -
52
’
2 A smart becoming pair of wedgies will set your smartest sport
clothes off in a very becoming mode. We sketch a white dyable linen with medium heel height and open toe. We also feature candy stripes; seersuckers and many other eye catching foot fashions that will make your trip “just perfect. »
—Downstairs at Ayres.
, NF : : ; Men’s Sport SHIRTS .
El
Men's coal short, sleeve sport, shirts. In or outer style with button
Sizes Small,
Rast
front. Colors in White, Blue, Tan and .Green. Medium and Large. ®
Med’ S Short Socks -
i Men’ S Shirts and Shotts 4w$l
; ~Downstaifs. at Ayres.
